US, China, Russia Lead Global Arms Race As Military Spending Spikes Most In 14 Years To $2.4 Trillion Boom

The US is locked in a global arms race with China and Russia to build the most advanced hypersonic missile, which is virtually unstoppable. Military vehicles carry DF-17 missiles, a weapon armed with a.....»»

The United States, Russia, France, Germany, and China were the world’s largest exporters of military supplies in the years 2014-2018 — accounting for 75% of all arms exports, according to the........»»

A Swedish arms watchdog says global military spending rose to $1.739 trillion last year, a 1.1 percent increase on 2016......»»

This comes amid a potential surge in defense spending by Western nations to counter Russia and China's growing military power. read more.....»»

U.S. Commerce Secretary Gina Raimondo downplayed Huawei's new chip technology, asserting it lags years behind U.S. technology, amidst discussions on the impact of U.S. export controls on China and the global semiconductor race. read more.....»»

Russia-China Joi.....»»

Global Military Spending Hit Record High In 2020 With US In The Lead Authored by Dave DeCamp via AntiWar.com, Despite the damage coronavirus lockdowns did to the world’s economy.....»»

"The last four years have been hard, but Europe and the US have to lead with confidence once more," Biden .....»»

China was the biggest source of applications for international patents in the world last year, pushing the United States out of the top spot it has held since the global system was set up more than 40 years ago, the U.N. patent agency said on Tuesday......»»

US & China Lead Biggest Jump In World Defense Spending In 10 Years .....»»

Japan's economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising the risk of a recession as China's coronavirus outbreak chills global activity......»»

Global debt hit a fresh record above $250 trillion in the first half of 2019, with China and the U.S. accounting for more than 60% of new borrowing, the Institute of International Finance said......»»

Global debt hit a fresh record above $250 trillion in the first half of 2019, with China and the U.S. accounting for more than 60% of new borrowing, the Institute of International Finance said......»»

How Military Spending Has Changed Since 2009 China has celebrated 70 years of Communist Party rule by holding a massive mi.....»»

Amid what's become a global showdown of sorts between the US and Huawei, the US and Poland on Monday inked a new deal to cooperate on new 5G technology which could eventually lead to a ban on China's Huawei fro.....»»

In 2018, worldwide military spending hit $1.8 trillion, the largest amount since the end of the Cold War and 75% higher than 1998&#.....»»

Global military spending continues to rise steadily amid tensions between the US and China; and between other nations. According to the Stockholm International Peace Research Insti.....»»

Global military spending is booming once again following a period of tepid growth in the wake of the global financial crisis of 2009. The world’s military expenditures rose to $1.82 trillion in........»»

Perhaps signaling a dangerous return to a 'new Cold War' — as some R.....»»

The global technology boom has created an extremely lucrative and competitive.....»»